Is Wasco County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wasco County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wasco County was a Seller's Market.

Key Takeaway

Wasco County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wasco County, OR

How much do homes in Wasco County, OR cost?

Median Sold Price

$380,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,000(-5.0%)

Key Takeaway

Homes in Wasco County have sold for 5% less than they did a year ago.

Summary: The median home sold price in Wasco County was $380,000 in October 2024, down 5% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $176K$274.5K
+56.0%
2 $312K$323.5K
+3.7%
3 $411K$410K
-0.2%
4 $446K$429K
-3.8%
5+ $559.5K$490K
-12.4%

Summary: Wasco County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 12.4%.

Median Sold Price Compared To Nearby Counties

Hood River County
+6.7%
Wasco County
-5.0%

Housing Supply in Wasco County, OR

How many homes are available in Wasco County, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
130125-3.8%

Summary: The Wasco County real estate market had 125 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 2019
-5.0%
3 7272
0.0%
4 2521
-16.0%
5+ 76
-14.3%

Summary: The Wasco County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1320+53.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wasco County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Wasco County in October 2024, up by 53.8% month-over-month. Of the 20 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Wasco County, OR

How long does it take to sell a home in Wasco County, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days81 Days+50.6%

Summary: Homes in Wasco County had an average of 81 days on market in Oct 2024, up by 50.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wasco County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 20 homes were sold in Wasco County; 25% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Wasco County, OR

Nearby Markets to Wasco County, OR

What housing markets are near Wasco County, OR?